Compensation and Personnel Committee Composed Solely of Outside Directors
First written in FY2018. 7 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2022: 13 of 92 companies on the "Worse" side.
65 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Until then, the Board of Directors had delegated to the Representative Director and President the authority to determine individual compensation for directors and others within the limits and other parameters approved by resolution of the General Meeting of Shareholders. To further enhance the transparency of the compensation determination process, from July 2025 the Company decided to delegate this authority to the Compensation and Personnel Committee,」
Authority to determine individual executive compensation was transferred from the Representative Director and President to the Compensation and Personnel Committee, which consists solely of independent outside directors. The committee met 9 times during the fiscal year. - 2026-05-21AdvancedGeneral Meetings of Shareholders
「The determination of the details of individual remuneration and other compensation for directors, excluding directors who are Audit and Supervisory Committee members, is delegated to the Compensation and Personnel Committee, which consists solely of outside directors, within the limits approved by resolution of the General Meeting of Shareholders. The committee makes the determination in order to enhance the objectivity, transparency and fairness of executive remuneration and other compensation.」
The company established a process under which the Compensation and Personnel Committee, consisting solely of outside directors, determines individual remuneration. - FY2025AdvancedAnnual report
「During the fiscal year, the Company held 12 Compensation and Personnel Committee meetings, excluding meetings conducted in writing.」
The Compensation and Personnel Committee, consisting solely of outside directors, met 12 times to deliberate on the redesign of the compensation structure, performance-linked compensation methods and compensation following the transition to a company with an Audit and Supervisory Committee, among other matters. - FY2024Continuation of meetings and deliberations by the Compensation and Nomination CommitteeAnnual report
「During the fiscal year, the Company held 10 Compensation and Personnel Committee meetings, excluding meetings conducted in writing,」
The Compensation and Personnel Committee, consisting solely of outside directors, met 10 times to deliberate on the executive compensation table, short-term performance-linked compensation and the succession plan, among other matters. - FY2023AdvancedAnnual report
「During the fiscal year, the company held 15 meetings of the Compensation and Nomination Committee, excluding meetings conducted in writing,」
The Compensation and Nomination Committee, composed solely of outside directors, met 15 times during the fiscal year and deliberated on the executive compensation table, medium- and long-term compensation, share acquisition and ownership guidelines, and short-term performance-linked compensation, among other matters. - FY2021AdvancedAnnual report
「<Matters deliberated by the Compensation and Nomination Committee>[Number of meetings held Fiscal 2019: 4 Fiscal 2020: 7 Fiscal 2021: 2 (through May 2021)]」
The company disclosed that the Compensation and Nomination Committee, composed solely of outside directors, met 7 times in fiscal 2020 and deliberated on the executive compensation table, compensation policy, and short-term performance-linked compensation, among other matters. - FY2020AdvancedAnnual report
「・Determining the performance-linked coefficient for share-based compensation (Trust II portion) under the previous medium-term management plan (fiscal 2016–fiscal 2018) ・Target metrics and other matters for share-based compensation (Trust II portion) under the current medium-term management plan (fiscal 2019–fiscal 2021) ・Evaluations based on company performance and the business results of individual officers for fiscal 2019 bonuses」
The Compensation and Nomination Committee, composed solely of outside directors, deliberated on the performance-linked coefficient under the previous plan, metrics under the current plan, and annual bonus evaluations. - FY2019AdvancedAnnual report
「Matters deliberated by the Compensation and Nomination Committee: 19 June 2018: the compensation table for fiscal 2018 and compensation for officers holding concurrent positions within the Group; 21 May 2019: determining the performance-linked coefficient for share-based compensation, bonuses, and individual evaluations of officers for bonus purposes」
The company described the committee's activities during the year, including its deliberation of the compensation table, bonuses, performance-linked coefficients, and individual evaluations, by a Compensation and Nomination Committee composed solely of outside directors. - FY2018First statedAnnual report
「To ensure fairness and neutrality in compensation and personnel matters for directors and executive officers, we have established, as a voluntary arrangement, a Compensation and Nomination Committee composed solely of outside directors. The committee deliberates on compensation and personnel matters for directors and executive officers.」
The company disclosed for the first time a voluntary committee composed solely of outside directors to ensure fairness and neutrality in executive compensation and personnel matters.